Example for you QANTAS
AS at 20/8/08 (day before profit announcement) 26,767,773 shares shortsold. Profit was a beauty (as usual)and this mornings announcement predicts same for next year in anticipated BETTER fuel cost conditions.
Price this morning is down 7cents, so the question is WHO is selling to WHO at this price. The trend goes down and the MUG PUNTER gets out before they go lower. The big boys have made their money.
Disclosure of the IDENTITIES of the shortsellers is being talked about in the USA as any two entities that have the money can BEND the real value of a share out of shape. Remember that a lot of trading is done on graphs and numbers that are crunched by computers, and not on common sense.
- Forums
- ASX - By Stock
- how much longer
Example for you QANTASAS at 20/8/08 (day before profit...
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CLE (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.47M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CLE (ASX) Chart |
Day chart unavailable